$04$:$12$:$23$

This activity is important because marketers must be continuously looking for changes in the marketplace that might affect their offerings. These changes in the marketplace can be either opportunities or threats for the firm. The process of continually gathering information on and interpreting the trends found in the external environment is called environmental scanning.

The goal of this activity is to demonstrate your understanding of the different types of environmental forces that are often uncovered during an environmental scan.

Select the most appropriate source of environmental force that represents each of the situations below.

Millennials currently make up over half of the workforce in the United States, and this number is predicted to rise to $75\%$ by

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$($Click to select$)$ e is being built entirely by robots that are capable of "printing" complex steel objects in midair.

$3.$

Social Forces

Economic Forces

y in the United States occurred in summer $2015,$ but it was not by retail giant Amazon. Instead, startup

$4.$ Technological Forces delivery race.

$5.$ Competitive Forces

cts Safety Commission $($CPSC$)$ has proposed new rules and standards for youth and adult ATVs.

ID$-19$ pandemic, the inflation rate for food in China exceeded $11\%$ in $2020.$

$6.$ Regulatory Forces

Walmart could upset incrowable pastry market, has sales that are currently at $$1$ million but recent deals with Target and $($Click to select$)$

$7.$ Verizon developed new $5G$ edge technology, which will impact virtual reality $($VR$),$ mixed reality $($XR$),$ and augmented reality $($AR$).($Click to select$)v$

$8.$ New EPA rules limit the amount of carbon dioxide that can be emitted by newly built coal and gas$-$fired power plants.

$9.$ In $2013,$ Hispanics made up $6\mathrm{.}5\%$ of the U$.$S$.$ population; by $2020$ that percentage reached $16\mathrm{.}7\%$ and is projected to hit $29\%$ by $($Click to select$)$ V

$10.$ The Bureau of Economic Analysis released a report showing that the growth in personal income was $01$ percent this month as compared to $0\mathrm{.}4$ percent for the past $3$ months.

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